BaikalMine – Mining pool review – Statistics and general information

General information about the BaikalMine pool.

BaikalMine pool began operating in 2022. Initially , Russian miners treated the pool with distrust, however, the company’s management managed to win the respect of users thanks to its impeccable work. The pool has proven its efficiency and honesty and that is why it was included in our review.

You can mine 19 cryptocurrencies on BaikalMine . Depending on the reward payment system, all BaikalMine pools are divided into 3 types:

• PPLNS – the reward for finding a block is distributed depending on the number of shares.
• PPLNT – the reward for finding a block is distributed depending on the duration of mining.
• SOLO – you receive a reward for adding a block in full size, but mine only at your own capacity.

Each presented cryptocurrency can be mined on the PPLNS/PPLNT or SOLO . SOLO will bring more profit if you have powerful equipment. Otherwise, it is best to mine coins on the PPLNS or PPLNT pool, since you will receive your share of the reward for adding a block depending on your own hashrate or duration of work on the pool. Thanks to this feature, BaikalMine is suitable for absolutely all miners : from amateurs to professionals with several farms.

BaikalMine charges a commission of 0.5% for mining cryptocurrencies PPLNS/PPLNT pools SOLO pools. We propose to consider the pool for mining each cryptocurrency separately.

MoneroV

MMoneroV (XMV) is a private, untraceable, limited and secure cryptocurrency.

MoneroV is a fork of the Monero coin that occurred at block #1564965. The MoneroV blockchain contains the history of all Monero transactions up to 1564965.

Monero holders received 10 times more MoneroV, that is, 1 Monero = 10 MoneroV.

Peculiarities

1. MoneroV adheres to the core principles of the Austrian School of Economics by limiting the total number of MoneroV coins
2. Decentralization and peer-to-peer nature allows MoneroV transactions to be reliable and secure
3. MoneroV is truly an anonymous and private coin. The sending and receiving addresses, as well as all amounts transferred in all transactions, will remain unknown. Your identity cannot be shared or associated with a transaction on the MoneroV chain.

How is MoneroV different from Monero?

• MoneroV has a limited supply of coins, unlike the endless supply of Monero coins.
• MoneroV will have an active fund, which will be used for rapid development and integration of features compared to Monero, which is based on voluntary donations.
• Work is underway to integrate the MimbleWimble protocol, support the block chain, eliminate spam and botnet mining, and much more.
• Additionally, MoneroV will be implementing new protocols that will address the scaling issues faced by Monero and other altcoins.

MoneroV is an open source coin, so any developer can join in the development and improvement of the project.

In the future, the developers plan to change the MoneroV mining algorithm, but they will remain on PoW.

Development team

The MoneroV team is not affiliated with the Monero team or developers.

The development team will receive 5.85% of the total number of MoneroV coins for the development of the project, of which 66% will be proportionally distributed among all team members.

Unfortunately, the development team is completely hidden. This means that the developers may have something to hide.

However, on the official channel they report that they are recruiting new developers for their project.

Road map

April 2022:

• Hardfork, Monero users received x10 coins from their total supply

June 2022:

• Release of a convenient graphic wallet
• Web wallet

September 2022:

• v1.1-bignum fix

1st quarter 2022:

• Proof of Work (POW)

4th quarter 2022:

• Implementation of MimbleWimble

Where to store?

You can store the coin on an official cold wallet for operating systems such as:

• Windows
• Mac
• Linux

You can also store coins directly on the exchange where they are traded.

How to mine?

MoneroV runs on the CryptoNightV7 algorithm and is mined using the usual video cards (GPU).

On the official website of the coin, the developers announced the possibility of changing the algorithm in the future, but when and to what extent is not yet clear.

In order to start mining the XMV coin, you need to assemble a mining farm or use 1 video card in your computer.

Video cards from AMD are best suited for mining. You can also mine XMV on cards from NVIDIA, but the profit per day will be slightly less than if you were mining other algorithms that are more tailored for Nvidia.

The best option is to assemble a farm on AMD Vega 64 video cards, since they are the best suited for this algorithm.

Programs

Next, you need to download a miner to mine this coin. The following are suitable:

Nvidia – Ccminer CryptoNight AMD – cryptoGoblin, Xmr-stak, SRBMiner

Pools

After the miner has been downloaded, you need to select a mining pool that is convenient for you:

https://cryptoknight.cc https://pool.baikalmine.com/en/xmv

Hashrate

AMD 280x – 490 h/s AMD 570 – 830 h/s AMD 580 – 860 h/s AMD Vega 56 – 1850 h/s AMD Vga 64 – 1850 h/s Nvidia 1050 TI – 300 h/s Nvidia 1060 – 430 h /s Nvidia 1070 – 690 h/s Nvidia 1070 TI – 710 h/s Nvidia 1080 – 590 h/s Nvidia 1080 TI – 850 h/s

Next, when the pool is selected, you need to configure the Bat file for it. You can download a fully configured and ready Bat file from our website!

That's it, all that remains is to launch the batch file. The mining process is underway.

How to get a?

1. Mine on GPU video cards
2. Buy on the exchange
3. Mine another more profitable coin and immediately sell it on the exchange in exchange for MoneroV

Where can I buy?

The coin is traded at

Forecast

MoneroV, almost like all forks of large coins, does not bring anything new, but only tries to improve the main coin, in this case Monero (XMR).

Social networks are active, but there are a lot of unnecessary unnecessary posts: jokes or things not related to the coin.

Github, unfortunately, is almost abandoned, which says one thing - the developers are not fulfilling their only goal for which they created the coin - they are not improving Monero (XMR).

The coin's recognition rate is very low, only 23%.

An increase in the price of a coin is only possible if it is pumped, but when this happens and whether it will happen is unknown.

The rate may rise when Bitcoin grows, since XMV0 is still an altcoin and still depends on the first cryptocurrency. Accordingly, when Bitcoin grows, XMV may also give X’s.

In any case, follow the news of the crypto industry and stay up to date with all the major events in the world of cryptocurrencies. This can be done on our website:

RYO mining pool.

• The remuneration payment method is PPLNS.
• The minimum payout amount is 0.5 RYO.

The RYO mining pool has a rather low hashrate - 8.61 KH, so BaikalMine ranks only 14th in the ranking of pools in terms of computing power. At the time of writing, RYO was mined by 4 miners. The pool adds an average of 18 blocks per day. The reward for adding a block on the RYO network is 48.59 RYO ($2.62 at the current rate), so mining RYO is quite profitable.

Features of MoneroV

Limited Supply: MoneroV adheres to the core principles of the Austrian School of Economics, and limits the total number of MoneroV coins that can be produced. This is the main difference from the “parent” cryptocurrency.

Secure: Since MoneroV is built on a decentralized peer-to-peer blockchain.

Anonymous: MoneroV is truly anonymous. All addresses, as well as amounts in all transactions, undergo an obfuscation procedure. No one will be identified or associated with a transaction on the MoneroV blockchain.

Obfuscation (from Latin obfuscare - to obscure, darken; and English obfuscate - to make unobvious, confusing, confusing) or code obfuscation - bringing the source text or executable code of a program to a form that preserves its functionality, but makes it difficult to analyze and understand the operating algorithms and modification during decompilation.

MoneroV hard fork in the Monero network with the accrual of tokens 1 XMR = 10 XMV

Recently it became known that the Monero network will undergo a hard fork of MoneroV, which will approximately occur on March 14, 2018 at block No. 1529810. According to the developers on the main page of the official website, their digital token XMV is the best private currency in the world .

As a result of the hard fork, a new blockchain with the digital currency MoneroV (XMV) is formed.

In this case, all holders of Monero (XMR) tokens will receive a new virtual currency in the proportion of 1 XMR = 10 XMV.

According to the developers, the fork coin will increase the level of privacy and solve network scalability problems. In total, the new blockchain will contain 256 million crypto coins.

Currently, you can become the owner of an anonymous cryptocurrency using trading platforms:

• Binance
• HitBTC
• Bittrex,
• Poloniex,
• Bithumb,
• Bitfinex
• Upbit.

According to data from CoinMarketCap, the digital token Monero (XMR) is trading around $320. At the same time, the market capitalization of the cryptocurrency exceeded $5 billion. The daily trading volume is approaching $100 million.

Let us recall that a recent study showed that Litecoin (LTC) has become the second largest cryptocurrency payment instrument in the shadow markets. The results of this study also showed a significant increase in usage of the Monero token (XMR) in English-speaking

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The material was prepared by the editors of the website “Mining Cryptocurrency”, consisting of: Editor-in-Chief - Anton Sizov, Journalists - Igor Losev, Vitaly Voronov, Dmitry Markov, Elena Karpina. We provide the most up-to-date information about the cryptocurrency market, mining and blockchain technology. Disclaimer: all materials on the website Mining-Cryptocurrency.ru are for informational purposes only and do not constitute a trading recommendation or a public offer to purchase any cryptocurrencies or carry out any other investments and financial transactions.

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Monero (XMR)Hard Forks

How can I get MoneroV?

Anyone who owns Monero before the fork, which will occur at block 1529810 (~March 14, 2022), will become the owner of MoneroV and will receive MoneroV coins (XMV) in the ratio of 1 XMR = 10 XMV. For example, if you own 1 Monero (XMR) before the fork, you will own 10 MoneroV (XMV) after the fork.

If you store your Monero coins in a place that does not give you access to private keys, such as an exchange or some kind of wallet, then whether you receive new cryptocurrency or not will depend on them.

How is MoneroV different from Monero?

• MoneroV has a limited emission, unlike Monero.
• MoneroV will focus on making it difficult for botnets or browsers of users who are unaware of it to mine this cryptocurrency. This is one of the main problems that the original Monero cryptocurrency faced.
• MoneroV will have a special fund to finance development and development. The development of Monero is funded entirely by voluntary donations.
• In addition, MoneroV intends to implement a new protocol that will solve the scaling problem faced by Monero and other cryptocurrencies such as Bitcoin. Detailed information about this is contained in the MoneroV roadmap: https://monerov.org/MoneroV-Roadmap.pdf.